Fortrade Review

Fortrade, a well-regulated online brokerage firm, has been delivering round-the-clock trading services in numerous trading instruments such as forex, commodities, stocks, indices, metals, energies, and ETFs to over 10,000 private and institutional traders worldwide. In addition to being regulated by the FCA, it is also overseen by several other regulatory bodies including the Investment Industry Regulatory Organization of Canada (IIROC), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), and the National Bank of the Republic of Belarus (NBRB). Established in 2013, Fortrade is dedicated to simplifying trading for everyone by providing user-friendly platforms like the MetaTrader 4 platform and their own Fortrader web, mobile, and desktop platforms. They offer clients a wide range of educational materials and market analysis tools while ensuring favorable trading conditions with no commission on trades, competitive spreads, and swift execution speeds.

At https://findnomore.net, Fortrade facilitates the trading of a wide array of instruments including Forex Market, Indices, Stocks, Precious Metals, Energy Products, Agriculture Products, US Treasuries, ETFs, and Cryptocurrencies. Their clients can opt between the renowned MetaTrader 4 (MT4) trading platform and Fortrade’s own platforms, all of which are accessible as desktop, web, and mobile trading terminals. MT4 is designed to be user-friendly and provides access to a myriad of trading instruments across different markets, along with supporting custom indicators and automated trading strategies using expert advisors (EAs).

The Fortrader platform, which is Fortrade’s proprietary trading interface, boasts a user-friendly design and a multitude of built-in technical indicators to assist with market analysis and trading. The desktop application can be installed on Mac and Windows computers, allowing users to trade over 150 forex currencies and CFDs, while the Fortrader web platform offers instant market access via web browsers. Additionally, mobile applications for iOS and Android devices enable traders to stay connected and manage their accounts on the go.

The Web Fortrader platform, accessible from any PC, Mac, or mobile device with a web browser and an internet connection, aims to make trading simpler, smarter, and safer. It leverages all of Fortrade’s technological advancements and trading benefits while maintaining the feel of industry-leading software, enabling users to manage their trades and account exposure effortlessly. The platform is accessible through browsers such as Chrome, Internet Explorer, Firefox, Opera, and Safari.

The Mobile Fortrader app, available for iOS and Android devices, provides full-scale trading capabilities comparable to the desktop and web-based platforms. It allows traders to monitor, analyze, and trade a variety of equity derivatives across devices, saving valuable time, money, and effort. The app offers virtual trading with €10,000 in virtual money, allowing users to hone their trading skills before transitioning to real money if they choose. The platform delivers real-time data and rapid trade setup with high speed and precision, thanks to its low memory and latency footprint, while employing advanced encryption technologies for secure and confidential trading.

For those who prefer a traditional trading style, the MetaTrader 4 (MT4) platform is also available. Accessible via mobile and PC, MT4 is a widely utilized electronic trading platform among online retail forex traders. Developed by MetaQuotes Software and released in 2005, MT4 offers extensive opportunities for traders of all skill levels, including advanced technical analysis, a flexible trading system, algorithmic trading with Expert Advisors, and mobile trading applications. Additional services such as Signals and Market extend MT4’s functionalities, allowing traders to copy other traders’ trades and purchase various Expert Advisors and Technical Indicators.

Fortrade clients benefit from an array of practical trading tools, including the Trade Calculator, Currency Converter, and Trading Central. The Currency Converter tool utilizes real-time market rates, as displayed in Fortrader trading platforms, offering a trusted solution used by countless corporate and private clients globally. Other tools like the Margin Percentage Calculator, Swap Rates Calculator, and Pip Value Calculator assist traders in determining leverage, swap rates, and trade values, respectively.

Fortrade’s free online trading academy offers a plethora of educational resources to enhance traders’ knowledge and skills, including webinars, ebooks, trading courses, videos, tutorials, strategy news, and market analysis. The Trading Academy provides learning content suitable for traders from beginner to advanced levels, covering topics such as Trader’s Psychology, Forex Terms, Winning Tactics, and more. Webinars conducted by successful traders offer an opportunity to learn essential trading techniques from the comfort of home.

In collaboration with Trading Central, Fortrade provides a comprehensive set of technical analysis tools to assist traders in making informed decisions. These tools help traders understand charting and graphs, market trends, and how to leverage this information, all without requiring extensive education or experience. Trading Central is accessible on Android, iOS, the web, and desktop platforms, offering real-time research and technical analysis reports that can optimize traders’ profit potential.

Fortrade’s market analysis section offers insightful analysis reports on trading instruments weekly and monthly, focusing on the impact of events and decisions on specific instruments. An economic calendar is also available to highlight key economic dates that every trader should consider. As a regulated online trading broker, Fortrade offers a robust range of trading instruments on flexible platforms, accompanied by vast educational materials and practical trading tools.

Pros:

• Professional and user-friendly platforms and apps
• Wide range of trading instruments
• Multiple funding methods and account types
• High-quality market research tools
• Extensive collection of educational materials
• Excellent customer support
• Free demo trading accounts

Cons:

• Cannot accept USA traders
• Inactivity fees

Self-described as a forex enthusiast, I spend my days researching and testing all things forex-related. With many years of experience in the forex industry, having reviewed countless forex robots, brokers, strategies, courses, and more, I aim to share my knowledge with you for free to help you navigate the fascinating world of forex trading. You can read more about me on https://findnomore.net.